Trend Table for FRMEP - First Merchants Corporation - Depository Shares, each representing a 1/100th interest in a share of 7.50% Non-Cumulative Perpetual Preferred Stock, A

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Nov 1	A	Strong	Up	Up	Up	-1.44%
Oct 30	A	Strong	Up	Up	Up	0.41%
Oct 29	A	Strong	Up	Up	Up	0.97%
Oct 28	A	Strong	Up	Up	Up	0.97%
Oct 25	A	Strong	Up	Up	Up	0.97%
Oct 23	A	Strong	Up	Up	Up	0.97%
Oct 21	A	Strong	Up	Up	Flat	1.72%
Oct 18	A	Strong	Up	Up	Flat	1.72%
Oct 16	A	Strong	Up	Up	Flat	2.12%
Oct 15	B	Strong	Up	Up	Flat	2.12%